U.S. regulator warns about cheating risks in 'mention markets' on prediction platforms
The Commodity Futures Trading Commission issued a new advisory to flag the unique dangers of markets based on individuals' behavior. Source:CoinDesk
Democrats 'chose visceral hatred for' Donald Trump over crypto Clarity Act, Lummis says
Senator Cynthia Lummis said the crypto industry should "pin it on the Democrats" in her first public remarks after last week's failed Clarity Act vote.…
Crypto market structure can't wait for shot at post-election Clarity Act surge: White House
White House and U.S. Treasury officials agree that despite some hope that Congress' "lame duck" session could see the bill again, the work's in regulators'…
Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody
Taylor Lindman, the top lawyer on the agency's Crypto Task Force, says the SEC is trying to get firms comfortable with blockchain technology and crypto assets.…
European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system…
Binance buys $100 million Circle stake in five-year USDC promotion deal
Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure. Source:CoinDesk
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a crossborder CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Source:Cointelegraph
ECB plans to buy tokenized bonds with its own funds
The European Central Bank rolled out a new system to link its payment system to blockchainbased financial markets. Source:CoinDesk
Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act
One expert believes that the failure to pass the bill is a win for the banks that staunchly oppose stablecoin yields, while a global crypto lawyer believes…
CFTC sends crypto rules to White House to review as Congress stalls on Clarity Act
The regulator is moving ahead with crypto market rules as the SEC also opens a new path for tokenized stock trading. Source:CoinDesk
ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ
Although the ECB holds no formal licensing authority under MiCA, highlevel intervention led Greece to stall an application that regulators had previously…
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…